Old Mutual has set a price range of 125p-155p per share for up to 9.6% of ordinary shares of Quilter ahead of its listing later in the month and received regulatory approval for the sale of Richard Buxton's single-strategy funds business.
The firm said the expected offer size is up to 164,977,971 ordinary shares, together with an over-allotment option of up to 10% of the total number of ordinary shares comprised in the global offer, which...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till